Fund managers lap up newly listed cos; Sona Comstar, KIMS, Dodla Dairy most bought stocks in June

Fund managers lap up newly listed cos; Sona Comstar, KIMS, Dodla Dairy most bought stocks in June

Newly listed shares including Sona BLW Precision Forgings (Sona Comstar), Krishna Institute of Medical Sciences (KIMS), and Dodla Dairy were some of the most bought stocks by mutual fund houses in June.

Newly listed shares including Sona BLW Precision Forgings (Sona Comstar), Krishna Institute of Medical Sciences (KIMS), and Dodla Dairy were some of the most bought stocks by mutual fund houses in June. While Sona Comstar was the top buy among midcap shares, Dodla Dairy and KIMS were the most bought smallcap stocks, data sourced by ICICI Direct showed. Another debutant Shyam Metalics and Energy was also among the stocks purchased by fund managers. 5 new stocks were listed on the stock exchanges last month, all have risen over their IPO price since listing.

HDFC AMC – 12 lakh shares worth Rs 117 crore-ICICI Prudential AMC – 9 lakh shares worth Rs 83 crore-Nippon AMC – 9 lakh shares worth Rs 83 crore-Axis Mutual fund – 15 lakh shares worth Rs 138 crore-Mirae AMC- 24 lakh shares worth Rs 224 croreDodla DairyTotal purchases: 57 lakh shares worth Rs 328 crore-SBI Mutual fund – 43 lakh shares worth Rs 246 croreShyam Metalics and EnergyTotal purchases: 43 lakh shares worth Rs 159 crore-Kotak Mahindra AMC – 17 lakh shares worth Rs 64 croreIndia Pesticides-SBI AMC – 22 lakh shares worth Rs 65

News source :- financial express

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